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Note on the chart above, in the run up, 9 green candles in a row. Once it peaked, the most down candles was 4 before reversing. jb

ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO

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es/pip wrote:ZapZing------ on the daily chart you posted did you take those trades or were you just labeling the chart showing what was possible?

I labeled the chart on the Daily, I did not stay in for the multi day moves. My trades are taken off the H1 in line with the daily ,H4. When PA exhausts itself on the H1 I exit.
After posting the D1 chart I've been thinking about doing Daily zlines, however MO's thoughts on longer term moves vs short moves was that it is best to continually compound than stay in for long periods because you are continually increasing your lot size.

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es/pip wrote:ZapZing------ on the daily chart you posted did you take those trades or were you just labeling the chart showing what was possible?

I labeled the chart on the Daily, I did not stay in for the multi day moves. My trades are taken off the H1 in line with the daily ,H4. When PA exhausts itself on the H1 I exit. After posting the D1 chart I've been thinking about doing Daily zlines, however MO's thoughts on longer term moves vs short moves was that it is best to continually compound than stay in for long periods because you are continually increasing your lot size.

--zz

with ya

thanks

Bend over and assume the position for another 4 years of hope and change.

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A suggestion to see if you or others think it's a good idea. With for e.g. an upward memo bar, a zl is drawn to the close of the previous bar. Instead of drawing the zone up to the 50% level of the memo bar, draw it up to the high of the previous bar.

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A suggestion to see if you or others think it's a good idea. With for e.g. an upward memo bar, a zl is drawn to the close of the previous bar. Instead of drawing the zone up to the 50% level of the memo bar, draw it up to the high of the previous bar.

This is my understand of how es/pip draws the lines.

i tend to not use highs or lows of bars but rather the open or closes depending which direction the bar is

i do it a little different each time depending on how the price action looks-----

if the momentum seems to kick in above the body of the previous bar i will draw it from there. If the price action tried to go above an area or bar previously but the momo didn't really kick in i try to draw it where it looks to have kicked in------- if that makes any sense---- i will try to post a chart with what i mean

edit---------------------------------------------------------------

i draw the lines where i see the held profit, i use the zone as a reference of where a zl could be in that area

the zone will always be 50% of the 2x bar's body no matter what

the zl can be any line in that area

9 out of 10 times i would have it where blubbs indicator puts it

here is a chart of what i was trying to explain above--

Bend over and assume the position for another 4 years of hope and change.

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cfabian, whilst some here such as es/pip have the ability to trade the PA every which way, as I understand MO's zl concept, the idea is to look at the above chart see all the held profit from the up move and trade it back down. I'm not sure whether MO may even wait for the reversal and then trade it back up.